We been told “An Investors/Traders to be successful in Financial market one should have radical approach, unique trading methodologies” So I put bunch of question to my readers possibly it could help you in re-think about your trading style.
1)How different is your Trading approach from the crowd. Do you really know/care what the crowd does? If not just go , spend some time and figure out.
2)Do you really think your trading style/system has a real potential edge?
3)Any idea how many people are following same trading principles/investing style?
4)How much effort is required to replicate your trading principles? Even a Child could do it? Then where is the edge?
5)How easy to implement or deploy your trading strategy?
6)How fancy your trading system or your indicator is? How hyped your trading system/investing model among other traders/investors?
7)How easy it is to learn your trading approach (easier to learn possibly you have more competitions you might be still part of crowd)
8)How much hours you spent in learning about market dynamics?
9)Is following Trading/Financial Guru’s will provide edge in the long run? Still Ask other fellow trader which is the best indicator?
10)Do you have any absurd belief about markets? (Making money in markets are going to be easy, 10% returns every month, want to get Rs1000 gains every day, want to make only points gain in nifty/crude every day)